NIFTY Futures Mechanical Trading

[nadodav]

Hello Vinod,

I was told by one of my friends (indepth tech analysis chap) that your system is really effective. I was looking forward the enter the market using your system. I'd be frank in telling you that I'am holding NF longs @ 6240 and I'am a long term investor. Considering this would you guide me how should I go about entering the market using your system.
I mean as of now you are short on the market and I'am holding reverse positions.
Thanks in Anticipation

Nitin

Hi,

Please go through all the messages right from 1st one. And after that, if you have still any doubt, let me know.

Thanks

Vinod

 

[krishnan_vishnu]

As per your trading pattern 10-01-07 .Nifty traded
above 6302 . and you are not showing exit and went for
long.. Pls explain.

Regards
Krishnan


Happy Trading.

Vinod[/QUOTE]

 

[nadodav]

As per your trading pattern 10-01-07 .Nifty traded
above 6302 . and you are not showing exit and went for
long.. Pls explain.

Regards
Krishnan


Happy Trading.

Vinod

[/QUOTE]

we have exited short and gone long at 6302 but market again went below 6210 so cut long and went short at 6210 and still holding short.

Vinod

 

[rkgoyal_98]

Hello

In that case ur Net profit should reduce as under
6224 --------> 6302 loss 78 points
6302 ---------> 6210 Loss 92 Points

total loss 180 points

Net Position 496-180 = 316 and not 367 till now
Regards
Rajeev

 

[newbee]

Hello

In that case ur Net profit should reduce as under
6224 --------> 6302 loss 78 points
6302 ---------> 6210 Loss 92 Points

total loss 180 points

Net Position 496-180 = 316 and not 367 till now
Regards
Rajeev

Hello

This has been one of the most consistent efforts of running a system on this forum that I know of.

I believe it’s also an honest effort by a great guy. Thanks Vinod for that.

As for the error in reporting, quite possible.

Rajeev, it’s nice to see people taking such a keen interest in this method and doing their own math’s, thanks for the same.

The very fact that vinod is doing everything transparently by giving out all the levels in advance demonstrates his integrity.

BTW, in your post shouldn't 78 + 92 be 170, maybe you are taking extra 10 points as cost of trade, anyway I am sure it will be cleared out by Vinod.

Thanks
nb
___________________________________
TRADE WHAT YOU SEE, NOT WHAT YOU THINK

 

[nadodav]

Hello

This has been one of the most consistent efforts of running a system on this forum that I know of.

I believe it’s also an honest effort by a great guy. Thanks Vinod for that.

As for the error in reporting, quite possible.

Rajeev, it’s nice to see people taking such a keen interest in this method and doing their own math’s, thanks for the same.

The very fact that vinod is doing everything transparently by giving out all the levels in advance demonstrates his integrity.

BTW, in your post shouldn't 78 + 92 be 170, maybe you are taking extra 10 points as cost of trade, anyway I am sure it will be cleared out by Vinod.

Thanks
nb
___________________________________
TRADE WHAT YOU SEE, NOT WHAT YOU THINK

Dear Rajiv & Nb

Thanks Rajiv & Nb. as Nb mentioned, it is really nice to see that members are actively involved in math calculation and following with interest. Rajiv, I think you made some mistake while calulating. The net loss on 10th Jan is 170 points & not 180. secondly you are deducting from 496 while it should be 537 points. 496 points was not clear profit. It was M2M profit at the end of 9th Jan. Clear profit before 10th Jan was 537 points. so when we are calculating profit or loss from the position that we taken, we have to use clear profit & not MTM profit. I have explained 3 days position below to get more idea.

At the end of 8th Jan,

Clear profit was 537 points - 48.8 (M2M Loss or loss on current

position (6224-6272.80 nifty closing) = 488.20

At the end of 9th Jan,

Clear profit was 537 points - 40.4 (M2M Loss or loss on current

position (6224-6264.40 nifty closing) = 496.60

At the end of 10th Jan

Total Loss is 170 points (6224-6302)+(6210-6302) + 49.4 ((M2M Profit or

Profit on current position (6210-6160.40 Nifty closing)

So at the end of 10th Jan, cler profit is reduced to (537-170) = 367.00

Net position will be 367.00 + 49.40 ((M2M Profit or Profit on current position (6210-6160.40 Nifty closing) = 416.40 points

I hope this will clear your doubt. if not, pl get back.

Thanks again Rajeev & Nb.

Happy Trading

Vinod

 

[nadodav]

NIFTY FUTURE For January 14,

Current position : SHORT (at 6210 on 10/01/2007)

Nifty Fut Closed at : 6203.60

Profit/(Loss) in current trade : +6.40 (as per last closing price)
Net Profit / (Loss) since thread started : +373.40 (367.00+06.40)

Support : 6169
Resistance : 6271

Hold SHORT positions with SL 6271. If trades above 6271, exit SHORT & go LONG with SL 6169.

Nifty Fut.xls updated in first message of the thread.
Last one year trade file (Nifty Fut_010107_311207.xls) also moved to first message of thread.

Happy Trading.

Vinod

 

[rkgoyal_98]

Dear Vinod,
Thxs for the clarification, it really helped
Good Luck
Rajeev

 

[shoeman]

Hello everybody,I'm simply trying out the vb coding system of this package!

 

[shoeman]

Wow this system of vb coding surely works!I am amazed at something like this!And to tell you something, this is something that I expected the least